I think it depends on what the established rules are and how it would affect you as a whole.

In your case OP, I think avoiding gambling for three (3) consecutive weeks is a fantastic start of knowing and having responsibility. Sure, you have a personal rule wherein you should gamble for like every week but since you have broken this rule and this affected you more in a POSITIVE way, then I do not think that it is unethical.

The situation would be different and my answer would be otherwise if you broke your rule then it affected you in a NEGATIVE manner. For example, if you have a rule where you should only allocate a certain percentage of your income as your gambling fund but you broke this rule by betting more, then this would be unethical.

With the coming bull run, I think perfect opportunity sa atin ito, especially for the forum members na kasali sa signature campaigns, to HOLD our BTCs para ma-take advantage natin yung price sa market. I mean, HODL lang natin ito sa ating mga respective wallets/exchanges and maximize natin yung potential na profit na pwede nating makuha after the bull run.
Given na din na malapit na ang fork, perfect time talaga ngayon to invest and to purchase some BTCs.

Just to ask a question, saan kayo bumibili ng BTC ngayon? Bumili ako sa GCrypto ng BTCs pero napansin ko na mas mataas yung rates niya compared to coins.ph. Though pwede naman ako sa coins, kaso nag hahanap ako ng platform ngayon kung saan convenient makabili for HODLing purposes din.

May mga suggestions ba kayo?

I agree with your statement.

Gambling is an act whereby anyone can participate. Class, sex, or race are irrelevant factors that determine the amount of people that are going to try and participate in the said games. I guess the biggest factor on why most people have participated more compared to the past are the advertisements being scattered around all social media platforms and the opportunity that the pandemic brough in shifting activities mostly online.


Parents have the vital role of creating an environment that avoids all sorts of influences. They have the responsibility and degree of control to at least minimize exposure of their children to any vices especially during the crucial years of their peak curiosity. If children are curious especially if left unsupervised, then they have the tendency to visit and attempt activities that are meant for adults, and this includes gambling as well.

Just to reiterate what most have already mentioned, it can be challenging to know the exact net worth of Satoshi given that his identity is completely unknown. No one really knows who or what he/she is- he may be a part of an organization; or even just a single person; or a group of people.

While it may be possible to get a glimpse on the amount of BTCs he has given that you can check the addresses of his wallet and the transactions that he made, I do think it is futile to do so.

Satoshi Nakamoto, up until this day, is one of the greatest mysteries that we have yet to discover. Everyone is curious about his identity- perhaps he intentionally did concealed his whereabouts for his safety, etc.

I do not think that there are any gambling restrictions placed on adults.

The only restrictions that I know are more on the morality side of things (e.g. underage gamblers, religion, etc.) but if you are asking about restrictions, I doubt so.

Remember that gambling is a business and their aim is to accumulate profit. If they were to implement multiple restrictions as to a certain kind of class, then they are limiting their player base and their potential customers from their establishment. Ultimately, such restriction would mean a profit loss on their part which is I believe that gambling establishments have NO restrictions on adults.



Yup I definitely agree with you.

I doubt that there exist some kind of prejudice that will limit a specific kind of class/race from entering a gambling establishment given that the latter is a business. If there exist some kind of restrictions outside of this, ultimately, the gambling establishment would suffer in the long run.

Yes definitely! $5000 will go a long way especially that I live in a third-world country where resources are relatively expensive due to the minimum wage laws of our country.

$50,000 can give you a decent condominium unit which can definitely alleviate majority of your expenses. Given that the minimum wage in the country is $10-$12/day, $50,000 can somehow be a life-changing moment to some people that can push them away from poverty.


Only a few people can reach this kind of luck even if everyone hopes that they may soon experience this. This is what makes gambling dangerous- it gives you hope of seeing the other side (assuming that you've won) but it may be seemingly impossible, yet simple.

This depends on the law of the country but I will answer it based here in the Philippines.

If you borrow money to a creditor, you as a debtor have an obligation to pay the corresponding debt within the terms agreed upon on the contract. If you pail to settle your obligation upon the stipulated date, with a demand coming from your creditor, then you put yourself into a risk of having a case filed against you (collection of a sum of money). If you still failed to pay despite the court order, then the creditor may order the sheriff to garnish your personal property as payment for your corresponding debt. Assuming that you have no properties left but you have children, the debt will NOT be passed around and the creditor suffers the ultimate injury.

Again, this is highly situational and dependent on the laws of the country that you are staying on. Generally, a debt cannot be transferred nor inherited since the legal personality of a person is extinguished upon his death and there are other ways in order to recover such debt (like the example that I have given above).

Yes definitely! Being a parent can have a huge impact on all of your habits especially that you are obligated to meet your responsibilities in the welfare of your children. In addition, there are tons of sacrifices that a parent must do in order to give the best of the care for their children.

For example, if you are addicted to gambling and you allocate a specific percentage of your income to it, then you must sacrifice and avoid (if possible) all throughout gambling since that allocation must be catered to your children. Not to mention, you must not influence your children to any environment that may affect their general welfare.


I definitely agree with you.

If OP thinks that having children will not change anything with their gambling habits then it is best for him to avoid kids for the meantime. Being a parent carries a huge responsibility that you must fulfill to the best of your ability.

There is a technique called "negative reinforcement" where you apply a punishment for people who perform badly on their respective duties. On the other hand, there is also what we call "positive reinforcement" where we reward people when they perform an activity that is commendable.

In the given scenario that you have provided OP, it is better if we apply positive reinforcement wherein we give commendations and rewards for people who show progress in dealing with their addiction in gambling. Instead of humiliating or punishing them for their behavior due to relapses, it is definitely better if we continue to encourage and show support to their progress.

At the end of the day, if you show your genuine support and care for these people who struggle in combating addiction, then the chances of them getting better would be higher.

Actually dahil dito, first time ko na-experience yung GCrypto ng GCash and mabilis lang yung transaction!

Last night, I bought p800 worth of BTC and ang nareceive ko na total value niya is p765 worth of BTC. Pero ngayon, nabawi na agad since tumaas yung price ng BTC and nasa p820 na yung BTC ko. Given na malapit na din mag fork, baka sa GCrypto na lang ako bumili ng BTC given na connected na siya sa GCash app and madali/mabilis makapag convert.

Ang naging problem lang dito is that yung girlfriend ko, hindi siya mismo makabili ng BTC sa GCrypto kasi dapat fully verified account mo PLUS mag susubmit ka ng KYC + additional documents/details for it.

Kayo, anong platform ang ginagamit niyo sa pag bili ng BTC? GCash din ba, coins.ph, or sa Binance kayo bumibili?

I think this is highly dependent on the perspective of the player whenever they gamble especially if profit is their main goal on this activity.

There are two (2) types of people who gamble, namely:

• People who gamble for fun/entertainment; and/or
• People who gamble primarily for profit.

Obviously, people who gamble for entertainment would definitely feel that every time they gamble, such is not a waste as they view it as a source of their satisfaction. Regardless of the result, whether they win or lose, they would be satisfied as it filled their urge to feel mixed emotions in a gambling game.

On the other hand, people who gamble for profit are the ones who may feel the losses more. The determining factor on whether they would continue or not is if they won and/or profited in their gambling activity.

Well since you have mentioned about augmented reality, I do think that it may bring an innovation in the gambling platform space but it will not be as popular compared to your established online casino websites.

The reason is that there is only a limited amount of people who can afford a virtual reality type of gambling. Plus if you truly want to experience that kind of environment, it is better that you just visit a physical casino as you also get to receive lots of complementaries and promos.

I believe that the future of gambling is by introducing games that are interactive, such was what Rollbit did with its duel arena. It is a 0% house edge game where you  get to compete with other people in a PvP style server. With that kind of innovation, I do think that the future of gambling would revolve around that kind of game where interaction is key with other people.

I agree with your statement.

A lot of the mishaps that happen in a given gambling activity is when the player gets too greedy after they have incurred a win. They tend to feel that their initial reaction to such win is to test their luck again which can ultimately turn the tables against them. This is what I call the "cycle of gambling" where a person who gambles, regardless of the result, would gamble again. If they lost, they will try to recover such loss; and if they won, they will try to test their luck and to see if they will win.. and so on.

I just hope that people realize that gambling should be approached with careful moderation and extreme care due to its nature. If you really plan on making it as an avenue for extra income, then STOP as soon as you have incurred some profits along the way.

First of all, it was mismanagement.

Elon Musk acquired Twitter for $44 billion and he had no concrete plan on how to execute his plans on making it a global platform. In fact, he used this platform solely to address his issues and problems which made it somehow political rather than a platform for free spech.

Second, it was poor planning.

In addition to what I have mentioned above, Elon Musk literally eliminated like half of the executives and employees of Twitter who mostly worked there for years. With such poor planning, he lost majority of its users on the first month and the trust that people had with Twitter was gone. He focused too much on projecting his own plans on Twitter that it somehow self-destruct when it became a political platform rather than a social one.

Lastly, the re-branding.

Sure, Elon Musk wanted to re-brand Twitter and named it to "X" but it just destroyed the image further. People mostly know Twitter as Twitter; in fact we even call it Twitter despite it being re-branded to X already. With its name already established, it somehow ruined further its reputation that led to its downfall continuously even as we speak currently.

Well, the forum itself is named BITCOINtalk.org which means that the first cryptocurrency that people would receive would most likely be BTC.

To share my story, I remember back in 2017 when I first heard about BTC. I was literally confused at first and I also considered this as a scam because I thought this is a glorified name for a new m2m scam which was prominent during that year. But when I read threads about people sharing their investments, it made be believe that there is an unexploited opportunity behind this forum.

When I first received my BTCs back in participating in campaign signatures, I was definitely happy and ecstatic. Knowing that I have the opportunity to earn investments online with my hard-work gave me that inspiration to share my story to others as well.

Just to add on the list you provided, there was a scandal back in 2021 called the Pilipinas VisMin Super Cup game-fixing scandal¹ which involved two (2) basketball teams who played for a loss. Funny thing is, the game ended with a score of 27-13 and there were suspicions arising from that said event.

If you would watch the video that I will post below, there is an unusual amount of free throws made and players were clearly missing it. Shots were intentionally missed and the players were playing half-assed the whole game. At the end, the Philippines sought their own investigation, which revoked the license of those teams and suspended + fined the players and coaches.

If anyone is curious, here is a YouTube video of the game where you can watch it for yourself.

YOUTUBE LINK:
https://www.youtube.com/watch?v=Qc9QCbO5Ph8

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1 https://en.wikipedia.org/wiki/2021_Pilipinas_VisMin_Super_Cup_game-fixing_scandal

If there is one thing that I have learned over the past years ever since I started in this forum, it is always to maximize the opportunity to invest while you have the resources for it.

Back in 2017, the price of 1 BTC was around ~$4,000. I thought that the price of BTC will be stable at that point which led me to not invest and increase my BTCs in the process. Fast forward to the following year, the price skyrocketed to $19,000 and it crashed thereafter.

MORAL OF THE STORY:
Invest while you have the resources. Equip yourself with the knowledge and information so you can take opportunity of the upcoming fork that will happen in the following months this year. While you have the money and resources, use at least 5-8% of your total monthly income to invest it for cryptocurrencies for long-term investment.

This is precisely the reason on why I recommend to everyone that you choose a gambling website that is already established compared to new ones even if the latter may have an attractive offer with their promotions.

If you are looking for a gambling website to use your funds on, the first step is to always check this forum for any updates/information regarding that online gambling platform. You have the responsibility to check the feedback and any other concerns that can give you an overview about their status.


Again, check this forum under the ANN threads before you start gambling in a designated platform. With each feedback that you read, this will give you an understanding on how the gambling platform/s is/are operating.

In conclusion, it is better to choose a gambling platform that is already established compared to a new gambling platform that has attractive rates/promotions but they do NOT contain any review/feedback. Always prioritise safety over rewards and offers.

That is actually very kind of your friends to not let you in this activity. Given that it is potentially addicting and dangerous, they probably understand that it is better if they keep it to themselves than to influence others which has the potential to spiral out of control.


I think that is just some rationalizing done by your friend to justify his actions in gambling.

I agree, $1,000 is not enough to start a business. He is probably that desperate to borrow money in order to fund his gambling addiction but you can clearly observe that he cannot control his urges. Unfortunately, your friend is in a very tight position where he got stuck in the cycle of gambling.

This is the reason on why it is very important that if you would gamble, only use your own funds to purchase the ticket.

It is going to be very difficult if you borrowed money and they purchased the ticket for the lottery. Since the ticket came from them, then they have a case that cannot be disputed against them. They will own the rights of the ticket which will put you on a difficult position to fight for.

This is exactly what happened to this guy- he purchased the ticket using the bank account of his alleged "girlfriend" and he won the lottery. Since they are actually not married, it is considered that no conjugal partnership exists between the couples. Under the spirit of the law, the man is not legally entitled to reimburse more than the price of the lottery ticket to his friend. But on the other hand, on the spirit of morality and fairness, then the woman has at least equal rights to 1/2 portion of the winnings that the man won.